Vaughan Nelson Investment Management L.P. bought a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 191,520 shares of the aerospace company's stock, valued at approximately $36,191,000. Vaughan Nelson Investment Management L.P. owned approximately 0.49% of Huntington Ingalls Industries as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. bought a new position in Huntington Ingalls Industries during the 3rd quarter worth $29,000. Northwest Investment Counselors LLC acquired a new position in Huntington Ingalls Industries in the third quarter valued at about $40,000. Truvestments Capital LLC bought a new stake in Huntington Ingalls Industries during the third quarter worth about $42,000. Bruce G. Allen Investments LLC grew its stake in Huntington Ingalls Industries by 43.4% during the fourth quarter. Bruce G. Allen Investments LLC now owns 281 shares of the aerospace company's stock worth $53,000 after buying an additional 85 shares in the last quarter. Finally, True Wealth Design LLC bought a new position in Huntington Ingalls Industries in the 3rd quarter valued at about $60,000. Institutional investors and hedge funds own 90.46% of the company's stock.
Huntington Ingalls Industries Stock Performance
HII stock traded down $4.40 during midday trading on Wednesday, hitting $163.37. The company's stock had a trading volume of 720,781 shares, compared to its average volume of 597,752. The stock has a market cap of $6.39 billion, a price-to-earnings ratio of 11.70, a PEG ratio of 1.43 and a beta of 0.57. The company has a quick ratio of 0.73, a current ratio of 1.08 and a debt-to-equity ratio of 0.58. The stock's 50-day moving average price is $191.27 and its 200 day moving average price is $227.12. Huntington Ingalls Industries, Inc. has a 1 year low of $158.88 and a 1 year high of $299.50.
Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. On average, equities analysts forecast that Huntington Ingalls Industries, Inc. will post 15.14 EPS for the current year.
Huntington Ingalls Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 3.31%. The ex-dividend date is Friday, February 28th. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 38.68%.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the stock. StockNews.com cut shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a "hold" rating for the company in a research report on Friday, November 1st. Alembic Global Advisors lowered Huntington Ingalls Industries from an "overweight" rating to a "neutral" rating and set a $210.00 price objective for the company. in a research report on Friday, November 1st. The Goldman Sachs Group cut their target price on Huntington Ingalls Industries from $188.00 to $145.00 and set a "sell" rating on the stock in a research report on Monday. Finally, TD Cowen downgraded shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 price target for the company. in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $221.22.
Get Our Latest Research Report on Huntington Ingalls Industries
About Huntington Ingalls Industries
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Free Report)
Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S.
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